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. protesters are holding duelling rallies for and against president mohamed morsi, so let's get straight to cnn's reza sayah in cairo for us. he's joining us now by phone. reza, the muslim brotherhood has called for not one but 2 million man marches in support of morsi. what do you know about those? >> reporter: randi, we are at one of them, and this is a very large gathering. obviously for more than a week now we've seen hundreds of thousands of egyptian protests against president morsi and the muslim brotherhood and now supporters of morsi say it's our turn. tens of thousands have showed up outside of cairo university where we are and saying we support president morsi and like the anti-government protest we can put on a large demonstration, too. a large turnout. a few thousand women. the gathering overwhelmingly men, and it's energized, chanting slogans. again, some of the opposition leaders and in support of the president. really this turnout puts into focus the conflict here between the opposition factions, the liberals, the moderates, the secularists and the president's supporters, the isl
. this constitution would go to a referendum, be voted on and president morsi would give up his extraordinary powers. what we see is the reverse. it has inflamed the opposition. we could see one of the biggest protest demonstrations today we've seen so far, bill. bill: steve harrigan, thank you. we're waiting and watching for more developments out of cairo, egypt. we're coming after the moment where prayers end on a friday afternoon. so watch that story. martha: crowds in those streets. we'll keep an eye on it. we're just getting started on this friday morning, everybody. there is new information on the health of president george h.w. bush after he was admitted to the hospital. we have the latest how he is doing. we'll bring you that straight ahead. bill: the senate voting on a plan to prevent terror deteen east from gitmo being moved here to the u.s. and the results of what happens next with retired four-star general jack keane with his take on it. martha: and gridlock in washington. stuart varney just told us the white house's plan could send us into another recession. we'll talk to a democrat and
until further notice. >> this is all over president morsy's power grab. what about a potential constitution here? >> reporter: another important day today. the constitutional assembly in egypt at h hour is drafting egypt's all important new constitution. this is going to be the corner stone of egypt's democratic transition and one of the reasons why president morsy and the muslim brotherhood have been locking horns with opposition factions. this was a hundred member panel assigned to draft this constitution. there's been conflict. it is dominated by iz mists. liberal memberquit. some sued to disband the panel and start again. you will recall one of mr. morsy's ke crees said no one will disband this constitutional assembly. not even the judiciary. they believe it needs to be drafted to get it going. that's why opposition is upset. look for more conflict later today. >> thank you. >>> the other big news, in washington the white house tryinging to kick start fiscal cliff talks. just 33 days. congress breaks for the holidays in 15 days. >> treasury secretary tim geithner is going t
by the white house for a potential security post. >>> overseas, egyptian president mohamed morsi is expected to call for unity while addressing his nation today. tension still very high after he issued an edict that will give him sweeping power above the reach of judicial review until a new constitution is adopted. they're rushing to finish a new draft of the constitution that could see a vote as early as today. but with protesters continuing to clash with riot police, a rushed constitution by the islamist dominated assembly may make matters worse. >>> well now to business. according to the latest report from the federal reserve, the u.s. economy grew at a "measured pa pace" over the past two months with rises in hiring and consumer spending. let's go live to london. steve, what's the latest? >>> yeah, there is a lot of interesting stories in the mix at the moment. the big story is still and will remain the fiscal cliff. every time a policymaker on capitol hill or in the white house makes a speech about this or a station to the media, the markets move very aggressively. yes, there is a case
. norah and charlie? morsiter evans, thank you. mohamed morsi will speak to the people of egypt today, grantedng why he granted elf almost ast absolute power as the egyptian assembly works on new constitution. holly williams is in cairo this morning where demonstrators have blocked access to the united block embase. >> reporter: this is now a battle of wills between mohamed orsi, egypt's first democratically elected president and his opponents. tahrir square in central cairo, pres rotesters have accused the president of behaving like a areator are camped out. onstrationlanning a demonstration there on saturday. there are fears that could spark spark mlent clashes after an lready tumultuous week. address tmorsi will address the later later on today. so far he is showing no signs of backing do backing down from the expanded new powers he gave himself last week. week. he says he needs those powers to guide guide egypt to a new constitution. the constitution is being drafted by an assembly dominated by president morsi's islamist allies. two more liberal members quit because they said thei
morsy. he has faced bitter criticism. >>> the state of texas has filed papers to seize a large ranch owned by the flds, a fundamentalist radical mormon sex that believes in polygamy. its leader, warren jeffs, is serving a life sentence. >>> you never know what you might see on the streets of new york city this is a first. casper the pony and razzie the zebra roaming free on staten island. they got free from the home where they lived. they were returned home safe and sound. >> can you imagine mommy, mommy, look. >> they are getting along just fine. >> moment of kindness captured with a camera. coming up, a young police officer's deed goes viral for all the right reasons.od ays. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ part of a whole new line of tablets from dell. it's changing the conversation. ♪ to provide a better benefits package...
mohammed morsi to give back some of the sweeping powers that he seized earlier in the week. want to go live to cairo. reza sayah is overlooking tahrir square. is it calm where you are, and are people assuming that things are going to get better? there are a lot of critics who vague the broum brotherhood is really now trying to hijack the process, hijack the constitution and get the president to remain in power, as much power as he can hold on to. >> yeah. many of those critics, suzanne, are behind us. still demonstrating here in tahrir square. in the meantime, major developments unfolding. as we speak right now, egypt's constitutional assembly is voting to approve a draft of egypt's all-important new constitution. this is going to be the backbone, the centerpiece of egypt's democratic transition. all of egypt's laws are going to be based on this document. everything from the balance of power between the president and the parliament, the power of the army, the independence of the judiciary, the personal freedoms. once this draft is approved and all indications are it is going to be approved.
on a new constitution today despite the power grab by president mohamed morsi. parliament members voted earlier to keep sharia law as the main sport of legislation there. how about the lucky folks who struck it really big? only two tickets matched the powerball tickets last night. the prize is $579.9 million with $379.8 million cash option which to me is like 380 million anyway. melissa: i had one number. lori: i am rich in great colleagues. employees of knight capital say an eerie silence have descended over the company with competing bid for the trading outfit. charlie gasparino with latest on the future of knight capital. >> if i won, guess it would not be making this call to break the news. no, i did not win. i do not gamble. here's the thing, what is kind of interesting is we have not yet gotten sort of a pressure release by virtue of what is offered. i have a lot of calls, it is owned by viola, former nymex ceo. that is kind of weird. another preservation's last night, another discussed terms, but you generally get a press release or official bid. we don't have that yet, so we are
as mohamed morsi addresses the nation today calling for unity. nationwide protests have turned violent and even deadly as demonstrators blast morsi's decree last week that gave him virtually absolute power. >>> the united nations is set to recognize palestine as a state today with overwhelming support from the general assembly. the palestinians will ask for recognition as a non-member state. a similar designation is held by the vatican. but israel and the u.s. are opposed to the bid, saying it violates peace accords. >>> yet another arrest this morning for lindsay lohan. the troubled starlet was charged with assault around 4:00 a.m. in manhattan. she allegedly punched another woman in the face at a new york city nightclub. the other woman was not arrested and was not taken to the hospital. >>> and now let's head to wall street. cnbc's mary thompson is at the new york stock exchange. good morning to you, mary. >>> good morning, there's growing optimism that a budget deal will be reached to keep the u.s. from falling off the fiscal cliff. today, investors get another read on the holiday
Search Results 0 to 8 of about 9